Which of the following is true? a Corporate mission is shaped by corporate strategy. b External conditions are shaped by corporate mission. c Corporate strategy is shaped by functional strategies. d Corporate mission is shaped by functional strategies. e Functional strategies are shaped by corporate strategy.

Question

Social Studies

Bobby Stevens

26 November, 17:14

Which of the following is true? a Corporate mission is shaped by corporate strategy. b External conditions are shaped by corporate mission. c Corporate strategy is shaped by functional strategies. d Corporate mission is shaped by functional strategies. e Functional strategies are shaped by corporate strategy.

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Answers (1)

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Hillary Gould · Answer 1

The correct option is E: Functional strategies are shaped by corporate strategy.

Explanation:

Before an organization starts functional, it must have done all its analysis, which includes market analysis, legal analysis, and other analysis before entering into a market. It is after this is done that the organization will adopt a strategy that will guide how things will be done (Corporate Strategy). Corporate strategy impact functional strategies. Functional strategies are usually set up to support the corporate strategy.